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Access here alternative investment news about China's Tal Education Group Backs Live-tutoring Start-up Vedantu | Business Standard News
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China's Tal Education Group Backs Live-tutoring Start-up Vedantu | Business Standard News

by business-standard.com posted 1month ago 17 views
The Indian education market is expected to almost double to $180 billion by 2020 from $100 billion in 2016.: Beijing-based TAL Education Group, an education and technology enterprise, has invested $5 million (close to Rs 35 crore) in Vedantu, a live online tutoring company. The Bengaluru-based firm revealed that the investment (by TAL Education Group) was part of the $11-million round that Vedantu raised last November in a Series B funding, which was led by Omidyar Network with participation from Accel. Vedantu is the first Indian education company that TAL has chosen to invest in.